The European Commission confirmed granting to Romania 483.8 million euros through the program REACT-EU. Of that amount, 283.8 million euros are meant to supply hospitals, social centers and schools in the context of the Covid crisis, Cristian Ghinea, the minister of European Investments and Projects announced on Facebook on Thursday. “It is official , we will receive European funds of 483,8 million euros to equip hospitals, social centers and schools, in the Covid 19 crisis and for energy projects in the mechanism REACT-EU. We received confirmation from EC last night. The money will go to projects in the Big Infrastructure Program, meant for health in the Covid context, and for those of energy efficiency and renewable energy. There will also be other financing approvals in REACT-EU, for 1.32 billion euros for 2021,” Ghinea said. The minister for European Investments and Projects explained that in the overall allocations approved, 200 million euros are meant for increasing energy efficiency and using renewable energy sources. “The 483.8 million euros approved last night refer to: 283.8 million euros for health – equipping hospitals, social centers and schools, in the Covid 19 pandemic; 200 million euros for increasing energy efficiency and using renewable energy sources,” Ghinea added. He pointed out that other EC approvals for financing within REACT-EU program are expected in the weeks to come. “In the following weeks REACT EU financing will be approved for 2021 and for competitiveness Operational Program -550 million euros; Human Capital Operational Program -234 million euros; Helping Less Favored People Program -56 million euros,” Ghinea concluded.
The 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
